6 Nov 09, this is the first time I went for a stock market roller coaster. Green Packet opens at RM1.56, highest RM 1.68 and then lowest at RM 1.26! RM0.42 of difference between the highest and lowest. I have never seen this before, and Bursa queried them for the UMA (Unusual Market Activities).
They responded that they are not aware of any UMA, basically is because of the two announcements made in October and they are expected to expand their business in 2010 so that is why so many funds flow in.
Me and my comrade, Chin VS were looking at the market and discussing what to do (we were suppose to prepare for our exams!). It is very exciting indeed, the price done changes in every single second, 1.26...1.28...1.30....1.40....1.38....1.46....1.47....and then we come out with a conclusion anyway... Just leave it there...For long term we are confident that this company will do well.
GPacket last done price is at RM1.39, -0.100 from close price the day before. Not bad, I personally think that it is healthy because it need some adjustment.
Well, that is an experience of my money flows in and out in every split second from my pocket. Nice one!
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